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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Anglo American CEO proffers suggestions for effective collaboration to drive economic growth

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Growing economies in a way that is resilient, sustainable and inclusive requires partnerships, as none of government, business or civil society can solve systemic challenges alone. The was indicated by global miner Anglo American CEO Duncan Wanblad in his speech: 'Navigating Complexity: Building Inclusive Growth in a Fragmented World', on the second day of the Business 20 (B20) Summit.

B20 calls for cooperation to create sustainable jobs in Africa

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Creating jobs and promoting shared prosperity requires cooperation and, by mobilising all resources and acting collectively, the challenge of low employment can be turned into opportunity, engendering an inclusive and sustainable financial future for Africa. This was indicated by World Bank Group member International Finance Corporation (IFC) Africa VP Ethiopis Tafara in his keynote address, delivered on the second day of the Business 20 (B20) Summit, in Sandton, South Africa.

Bidvest International Logistics opens new pharmaceutical warehouse at OR Tambo airport

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Transport and logistics company Bidvest International Logistics (BIL) has opened a new pharmaceutical warehouse in OR Tambo International Airport, in Ekurhuleni, east of Johannesburg, to meet the country’s growing demand for efficient, compliant and resilient healthcare distribution. The facility is accredited by national regulator the South African Health Products Regulatory Authority and can handle, store and distribute Schedule 0 to 6 medicines.

Eskom welcomes DAA endorsement to tackle R105bn municipal arrear debt

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Eskom has welcomed Finance Minister Enoch Godongwana’s formal endorsement of the Distribution Agency Agreement (DAA) intervention for addressing municipal arrear debt, which had climbed to R105-billion as of the end of September. CEO Dan Marokane told the Parliamentary Portfolio Committee on Electricity and Energy that the DAA was but an interim solution to halting the steep climb in outstanding payments and would have to be followed up by a “fundamental restructuring” of the distribution sector to make it viable.
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